Natural Gas Technical Analysis: RSI has cooled down
Natural Gas prices have eased and might start to pick up again if the Relative Strength Index (RSI) indicator is any guide. With the price near $2.83, the RSI has cooled down after trading at elevated levels and is currently in the middle of the range around 50.00. With these constantly interrupted Gas flows from Norway into Europe, it becomes very difficult to assess whether Europe will see its Gas storage filled up in time.
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